HOFFMANN & HAGEN AS

3330 SKOTSELV

Finances

Share Ownership

Return on Equity

23,79 %

Current Ratio

1,64

Debt-to-Equity Ratio

6,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	425 000	456 000	456 000	457 000
Net Income	128 000	168 000	155 000	204 000
Total Assets	3 870 000	3 959 000	3 998 000	3 939 000
Total Equity	538 000	409 000	241 000	86 000

Income (NOK)	2022	2021	2020	2019
Revenue	425 000	456 000	456 000	457 000
Expenditure	83 000	76 000	77 000	51 000
Operating Profit	342 000	380 000	379 000	405 000
Financial Income	0	0	0	0
Financial Costs	174 000	162 000	178 000	187 000
Financial Balance	−174 000	−162 000	−178 000	−187 000
Earnings Before Tax	167 000	218 000	201 000	218 000
Tax	39 000	50 000	45 000	14 000
Net Income	128 000	168 000	155 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 783 000	3 835 000	3 887 000	3 939 000
Total Current Assets	87 000	124 000	111 000	0
Total Assets	3 870 000	3 959 000	3 998 000	3 939 000
Total Retained Equity	508 000	379 000	211 000	56 000
Total Equity	538 000	409 000	241 000	86 000
Total Long-Term Debt	3 279 000	3 418 000	3 652 000	3 823 000
Total Current Debt	53 000	132 000	104 000	30 000
Total Equity and Debt	3 870 000	3 959 000	3 998 000	3 939 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	425 000	456 000	456 000	457 000
Revenue	425 000	456 000	456 000	457 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	52 000	52 000	52 000	30 000
Impairment	0	0	0	0
Expenditure	83 000	76 000	77 000	51 000
Operating Profit	342 000	380 000	379 000	405 000
Financial Income	0	0	0	0
Financial Costs	174 000	162 000	178 000	187 000
Financial Balance	−174 000	−162 000	−178 000	−187 000
Dividends	0	0	0	0
Net Income	128 000	168 000	155 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 783 000	3 835 000	3 887 000	3 939 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 783 000	3 835 000	3 887 000	3 939 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 783 000	3 835 000	3 887 000	3 939 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	0	61 000	0
Total Current Assets	87 000	124 000	111 000	0
Total Assets	3 870 000	3 959 000	3 998 000	3 939 000
Total Equity	538 000	409 000	241 000	86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 279 000	3 418 000	3 652 000	3 823 000
Creditors	0	0	0	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 000	31 000	59 000	14 000
Total Current Debt	53 000	132 000	104 000	30 000
Total Equity and Debt	3 870 000	3 959 000	3 998 000	3 939 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,79 %	41,08 %	64,32 %	237,21 %
Debt-to-Equity Ratio	6,09	8,36	15,15	44,45
Operating Profit Margin	80,47 %	83,33 %	83,11 %	88,62 %
Current Ratio	1,64	0,94	1,07	0
Quick Ratio	1,64	0,94	1,07	0
Equity Ratio	0,14	0,1	0,06	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %